Erie, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Erie, PA. Based on 30+ datapoints.
Erie, PA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-10.7%
Median Cashflow
-$539/mo
Avg Rent Estimate
$1,841/mo
Avg Price
$268,788
Price Range
$140,000 - $419,700
Rent to Price
0.68%
low ratio
Positive Cashflow
4%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Erie, PA
Erie, PA presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.2% cap rate combined with -10.7% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 30+ analyzed properties, the median monthly cashflow in Erie, PA is -$539 with average rents of $1,841/month. Properties range from $140,000 to $419,700, offering entry points across multiple investment budgets.
Erie, PA Rental Market Insights
- •Median cashflow is -$539/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 4% positive cashflow rate, Erie, PA requires selective property picks
- •Moderately priced market with properties from $140,000 to $419,700